512 Mcelroy Rd
Memphis, TN 38120
- 3 beds
- 2 baths
- – sqft
- 1985 build
- – on site
PRICE REDUCTION! $5,000 seller credit can go towards buyers rate buy down to lower monthly payment. Property ALSO qualifies for 3% down payment assistance for owner occupants! RARE FIND! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhood with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 21, 2025
•
MLS# 10190065 —
This property is listed in more than one place. See it here.
The Building
-
Style:Traditional
-
Type:Single Family Conversion
-
Roof:Composition Shingles
-
Foundation:Slab
-
Exterior/Windows:Brick Veneer, Aluminum/Steel Siding
-
Miscellaneous Exterior:Patio
-
Approx SqFt Entire Duplex:3600-3799
Interior
-
Miscellaneous Interior:All Window Treatments, Attic Access, Cable Wired
-
Floor/Ceilings:Hardwood Throughout, Tile, Smooth Ceiling
Financial & Terms
-
New Financing:Conventional, FHA, Other (See Remarks), VA
-
Warranty/Poss Addendums:Possession by Agreement
Location
-
Map Coordinate:B
The Property
-
Area:756B
-
Lot #:2A
-
Lot Size:58 Sqft
-
Lot Description:Level, Some Trees, Wood Fenced
Listing Agent
- Contact info:
- Agent phone:
- (209) 681-7797
- Office phone:
- (901) 676-6555
The Listing
Heating & Cooling
-
Heating:Central, Electric
-
Cooling:Central Cooling
-
SqFt Heated Area-Unit 1:1800-1999
-
SqFt Heated Area-Unit 2:1800-1999
Utilities
-
Hot Water:Electric
Appliances
-
Appliances/Equipment:Refrigerator, Range/Oven (Freestanding)
Parking
-
Garage:detached
-
Type:garage
-
Parking:Garage Door Opener(s), Side-Load Garage
-
Parking Display:G2D
Extra Units
-
Unit 1:Dining Area, Eat-in Kitchen, Pantry in Kitchen, Separate Den, Separate Dining Room, Separate Living Room, Updated/Renovated Kit
-
Unit 2:Dining Area, Eat-in Kitchen, Pantry in Kitchen, Separate Den, Separate Dining Room, Separate Living Room, Updated/Renovated Kit, W/D Connection in Kitchen
-
Unit 2 Living Room Dimensions:29 Sqft
-
Unit 2 Dining Room Dimensions:15 Sqft
-
Unit 2 Den/GR Dimensions:20 Sqft
-
Unit 2 Bedroom 2 Dimensions:16 Sqft
-
Unit 2 Bedrooms:3
-
Unit 2 Master Dimensions:11 Sqft
-
Unit 2 Bedrooms Down:1
-
Unit 2 Bedroom 3 Dimensions:11 Sqft
-
Unit 2 Total Baths:2
-
Unit 2 Full Baths:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/20/25
Mar 20, 2025
|
Price Changed | MAARMLS | $524,901 | -0.9% |
|
2/14/25
Feb 14, 2025
|
Listed / Active | MAARMLS | $529,901 |
